/biz/ - Business & Finance

>>16587342
Oh yeah?

You need to know is that if you are a US citizen you are FORBIDDEN from owning Tether. Here follows their own words (don't be fooled by the word "certain"):

>Furthermore, residents of certain U.S. states are not permitted to be customers of Tether; are not permitted to cause Tethers to be issued or redeemed; and, are not permitted to hold Tether Tokens.
>Beginning on January 1, 2018, Tether Tokens will no longer be issued to U.S. Persons.
https://tether.to/legal/

This + the fact that they have never actually proved that they have the money they say they do makes me think that tether will drop from 1 to 0 overnight at some point.

They also state quite clearly that they will try to weasel out of redeeming tokens as long as they can find a legal reason to blame it on. Bankruptcy? Or perhaps they will suspect you of funding terrorists? You also need to be a "fully verified customer" in order to even try, whatever that means. Makes me wonder how many Tether tokens that has ever been actually redeemed.

>Absent a reasonable legal justification not to redeem Tether Tokens, and provided that you are a fully verified customer of Tether, your Tether Tokens are freely redeemable.

>>9802932
source, 2 new comments after the screenshot
https://twitter.com/ProfFaustus/status/1005107651221622785